Remodeled Bar and Restaurant with
For Sale
$525,000
3040 W LAKE Road, Erie, PA 16505
COMMERCIAL - Erie, PA
Property Size5,906 SF
Lot Size0.44 Acres
Price / SF$88.89
Days on Market214
Property Features for 3040 W LAKE Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
RC-1
Parking
30
Elementary school district
Millcreek
Middle school district
Millcreek
High school district
Millcreek
Directions
Between 6th and 8th Streets, just West of Peninsula
Subdivision
5 - Millcreek N of W26
Standard status
Active
APN
33-029-064.0-002.00
Size
5,906 SF
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7178
Expense value
65000
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1920
Listing Agency:
Coldwell Banker Select - Airpo · Coldwell Banker Real Estate
(814) 838-2299
Listed By:
Alisa McGraw · License #RS211632L
(814) 392-0999
Added: Jan 9
Changed: Aug 4
Last Checked: Aug 11 at 11:06PM
MLS# 189281
Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This remodeled bar and restaurant offers a newly updated dining and bar area along with an upstairs apartment. The property includes a newly remodeled 3-bedroom apartment (1581 SF) and a restaurant/bar space with new flooring and lighting plus newly added equipment. Restaurant and bar improvements include a 25-beer tap system and kitchen/bar equipment such as refrigerators, fryers, a stove/oven, freezers, an ice machine, and additional bar equipment, along with a POS system and security cameras.
The property is located at 3040 W Lake Road in Erie, PA. The public remarks describe the setting as just seconds to Waldameer and minutes to Presque Isle.
Built in 1920, the building is served by natural gas forced air heating, central air cooling, and public water with public sewer.
The property is located at 3040 W Lake Road in Erie, PA. The public remarks describe the setting as just seconds to Waldameer and minutes to Presque Isle.
Built in 1920, the building is served by natural gas forced air heating, central air cooling, and public water with public sewer.
Key Highlights
- Remodeled bar and restaurant with newly remodeled upstairs 3‑bedroom apartment
- 25‑beer tap system plus kitchen equipment including refrigerators, fryers, stove/oven, freezers, and ice machine
- POS system and security cameras included
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
44k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 47%
Hotels & Casinos 2%
Sheetz
Shops & Services
21,935 visits/mo
0.3 miles
McDonald's
Dining
20,701 visits/mo
0.4 miles
Comfort Inn Presque Isle
Hotels & Casinos
951 visits/mo
0.4 miles
Gerber Collision & Glass
Shops & Services
472 visits/mo
0.4 miles
Demographics for 16505, PA
16,437
Population
8,407
Households
2
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
11.7 sq mi
ZIP Area
1,405
Density / Sq Mi
$71,370
Median Household Income
$45,793
Median Earnings
$871
Median Rent
$196,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- www.bierhausmtspring.com — 3723 W 12th St, Erie, PA 16505
- West Lake Beer, Inc. — 3528 W Lake Rd, Erie, PA 16505
- Odis 12 Sports Bar & Grille — 3702 W 12th St, Erie, PA 16505
- Ugly Tuna Tavern — 1012 Peninsula Dr, Erie, PA 16505
- Last Shot Bar & Grill — 3064 W 12th St, Erie, PA 16505
Frequently Asked Questions
What type of property is this?
Bar & Pub - Remodeled bar and restaurant with central air, public water and sewer, plus an upstairs 3-bedroom apartment.
Where is this bar & pub located?
The property is located at 3040 W LAKE Road Erie, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Remodeled bar and restaurant with newly remodeled upstairs 3‑bedroom apartment; 25‑beer tap system plus kitchen equipment including refrigerators, fryers, stove/oven, freezers, and ice machine; POS system and security cameras included
